Dividend per share
Fiscal year ending November 2026Each vertical step represents one dividend payment, and the total height of the accumulated steps represents the annual dividend for the period. For periods showing only the annual amount, the payment breakdown is not provided, so only the end point is plotted.
The target consolidated dividend payout ratio excluding extraordinary gains and losses is set at 40% for fiscal 2029. The company will continue its progressive dividend policy under its three-year management plan for fiscal 2027 through fiscal 2029 and aims to increase dividends continuously toward the target.
| Item | Details |
|---|---|
| Dividend per share | ¥27.00 (year-end) → ¥37.00 (year-end)（Approximately 37.0%） |
| Total Annual Dividends | ¥54.00 → ¥64.00（Approximately 18.5%） |
| Previous-period results (per share) | Interim ¥20.00 / End of period ¥26.00 (ordinary dividend ¥20.00, commemorative dividend ¥6.00) / Annual ¥46.00 (ordinary dividend ¥40.00, commemorative dividend ¥6.00) |
| Breakdown of Regular, Commemorative and Special Dividends | Ordinary dividend ¥40.00, commemorative dividend ¥6.00 → Not disclosed |
| Payout ratio | Target consolidated dividend payout ratio of 40% excluding extraordinary gains and losses for fiscal 2029 |
| Dividend policy | The target consolidated dividend payout ratio excluding extraordinary gains and losses is set at 40% for fiscal 2029. The company will continue its progressive dividend policy under its three-year management plan for fiscal 2027 through fiscal 2029 and aims to increase dividends continuously toward the target. |
| Whether Submission to the General Meeting of Shareholders Is Required | Scheduled to be submitted to the General Meeting of Shareholders |
| Fiscal Period Covered | Fiscal year ending November 2026 |
Items this document does not state (4)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The company decided to pursue improvements in capital efficiency and enhanced shareholder returns under its new long-term management plan. The dividend was increased based on a target consolidated dividend payout ratio of 40% excluding extraordinary gains and losses for fiscal 2029 and a progressive dividend policy.